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Berkshire Hathaway hits record high after Warren Buffett announces retirement

CNBC ·

BRK-A Berkshire Hathaway Inc
$813595.00 -0.84%
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  1. 1Warren Buffett announced he will step down from his position as CEO at the end of 2025.
  2. 2BRK.A value fell 14.3% three months later, and B shares fell nearly 15% three months later.
  3. 3The stock price subsequently rose 18% to reach an all-time high.

So what's the key point?

Stock prices fluctuated significantly after Warren Buffett announced his retirement from management. However, the stock price later rose 18% to reach its highest level ever.

Source CNBC · View original ↗

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